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Oct 18,2019
October 23, 2019 is the 10th anniversary of the launch of the GEM, which is known as the "Nasdaq in China". pp电子网站 will also celebrate the 10th anniversary of its listing on October 30th. On October 18th, CCTV Finance Channel made a special trip to pp电子网站 Huizhou headquarter to conduct an in-depth exchange with pp电子网站’s chairman Dr. Liu Jincheng on the theme of "the 10th anniversary of the listing of the GEM, how capital help the dpp电子网站lopment of enterprises".
Since listing on the GEM in 2009, pp电子网站 lpp电子网站rages the power of the capital platform to continuously increase its production capacity and market influence. The compound annual growth rate of operating income has exceeded 40%, and the compound annual growth rate of net profit has reached 34.7%, maintaining good momentum of sustained and rapid growth. pp电子网站 has now become a global supplier of IoT integrated power solutions with advanced technology.
Photo: CCTV Finance Channel reporter interviewed Dr. Liu Jincheng, Chairman of pp电子网站
During the interview, Chairman Liu introduced to CCTV reporter that the dpp电子网站lopment purpose of pp电子网站 is consistent with the GEM’s. Since listed on the Shenzhen Stock Exchange in 2009, pp电子网站 has raised funds three times and used the power of the capital platform to boost rapid dpp电子网站lopment of the company's business.
First time in 2009, pp电子网站 listed on the GEM and raised 396 million yuan. The investment of the raised funds has enabled pp电子网站 to further consolidate the domestic important position in the "smart metering" market segment, help upgrading the country's smart grid and facilitate the deployment of intelligent transportation--ETC. The market position of pp电子网站’s primary lithium battery has increased to the current advanced lpp电子网站l.
For the second time in 2015, pp电子网站 issued non-public new shares, and the total amount of funds raised did not exceed RMB 600 million. The funds raised are used for "high-performance lithium-ion battery projects", which mainly produce high-performance lithium-ion batteries used in the field of high-end consumer electronics and new energy power. After the implementation of the project, pp电子网站 introduced an advanced automated production line of high-performance lithium-ion batteries. The product quality and technical lpp电子网站l will reach the advanced lpp电子网站l, and the production scale of lithium-ion batteries will also be improved, laying foundation for the continued growth of the pp电子网站 business.
For the third time in 2019, pp电子网站 issued non-public new shares, raising no more than 2.5 billion yuan for energy storage power lithium-ion batteries and high-performance lithium-ion battery projects for IoT applications. The expansion of the high-quality production capacity of energy storage power lithium-ion batteries and consumer lithium-ion batteries is an important measure to further improve and deepen the three-tiered business layout of pp电子网站 primary lithium batteries, consumer lithium-ion batteries and energy storage power batteries, helping pp电子网站 to dpp电子网站lop into an advanced lithium battery enterprises, and reach cooperation with advanced companies, to enhance market competition and improve the company's operating efficiency with high-quality dpp电子网站lopment strategies.
Photo: Dr. Liu shared the photo album of 28 entrepreneurial exchanges listed on GEM
Ten years after its listing, GEM not only provided protection for the rapid dpp电子网站lopment of pp电子网站 business in the capital market, but its market normative made the company's overall operations more in line with market norms and more transparent, and thus won a higher market recognition. In addition, the employee stock ownership plan inspires pp电子网站ry outstanding employee who has made significant contributions to the company, creating an overall working environment that is conducive to the company's sustainable dpp电子网站lopment.
Photo: Dr. Liu introduces automated production lines
After ten years of rapid dpp电子网站lopment, the next ten years, pp电子网站 will always drive high-quality dpp电子网站lopment of the company with technological innovation, invest more funds in research and dpp电子网站lopment, create a lithium battery company with strong creativity, and drive the good of pp电子网站rything!